Holding in Another Company

Konami Corporation
6 December 2001



Form No. 1

                           (Change Report No. (1))

(Report in accordance with Article 27-25, Paragraph 1 of the Securities and 
Exchange Law)

Name          KONAMI CORPORATION                     Effective date of
                                                     reporting duty
                                                     December 3, 2001

Address or head
office location    3-1, Toranomon 4-chome,           Submitted on
                   Minato-ku, Tokyo                  December 6, 2001

I.  Matters Regarding Submitter
  1.  Issuing company

Name of issuing    HUDSON SOFT CO.,
company            LTD.             

Listed securities exchange       Osaka   
                               

                                                  Total number of submitter and
                                                  joint holders              1

                                                  Submitting method    2. Others

2.  Submitter (Substantial Shareholder)

  2. Judicial person    1.  Stock company

KONAMI CORPORATION

Address or head
office location    3-1, Toranomon 4-chome,          
                   Minato-ku, Tokyo                

Date of incorporation
March 19, 1973             Name of representative      Kagemasa Kozuki

Business purposes     Global Entertainment

Place to contact and name of             Noriaki Yamaguchi
person in charge                         Representative Director and CFO

Telephone number        03 (3578) 0573 (general number)

3.  Holding purposes

KONAMI CORPORATION aims at mutual utilization of major contents and distribution
network by investing for strategic business alliance including a capital tie-up 
with HUDSON SOFT CO., LTD.

Name of submitter
(Substantial Shareholder)       KONAMI CORPORATION

4.  Breakdown of stock, etc. held by the submitter

                               Main Text of Article 27-23,
                               Paragraph 3

Stock                          7,079,333 shares

Total                      O   7,079,333 shares

Total Number of held
stock, etc.
(O+P+Q-R)                  S   7,079,333 shares


Total number of issued and
outstanding stock
(as of November 20, 2001)            U     16,214,000 shares

Percentage of stock, etc.
held by the above-stated
submitter (S/(T+U)x100                                43.66%

Percentage of stock, etc.
held stated in preceding
report                                                38.81%

5. Conditions concerning acquisition or disposal during the last sixty (60) days
of stock, etc. issued by issuing company

Date         Kind of stock, etc.    Number          Distinction     Unit Price
                                                    between
                                                    acquisition
                                                    and disposal

December
3, 2001      Stock               1,473,333 shares  2. Acquisition   Acquired by
                                                                    spin-off

6.  Material agreements including security agreements related to the stock, etc.

None

7.  Funds for acquiring held stock, etc

(1)  Breakdown of funds for acquisition

Amount of own funds                                       Total amount of other
(thousands of yen)         R     5,000,552                funds (thousands of
                                                          yen)           S

Other funds (specifically)       Acquired 1,473,333 stocks by spin-off

Total amount of other funds
 (thousands of yen)             T

Total amount of funds for acquisition
 (thousands of yen)                           5,000,552